Scarred by losses in the share market and nervous about the global economy, more people are turning to the security of bricks and mortar and investing in property through their self-managed super funds. Direct investment in property has traditionally been restricted to those with huge amounts of money in their…
Just as the majority of Economists predicted, at its monthly meeting today The Reserve Bank of Australia decided to keep the cash rate on hold, while it awaits indicative signs of the global economy. The cash rate remains 3.5 percent. ‘‘The RBA seems comfortable with the current accommodative monetary policy…
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